VAT

The VAT Cash Accounting Scheme: Do’s and Don’ts

Even though you don't need to formally let HMRC know that you are using the VAT Cash Accounting Scheme, there are still rules that...

The VAT Cash Accounting Scheme: An Overview

The VAT Cash Accounting Scheme is one of the popular VAT schemes that I come across as an accountant.  As with any scheme there...

Combining the VAT Flat Rate and Annual Accounting Schemes

HMRC offers a number of VAT schemes for small businesses aimed to help simplify reporting and aid cashflow management.  Two such schemes are the...

VAT Annual Accounting: How to Apply to Join the Scheme

You can apply to join the VAT Annual Accounting Scheme by post or online, but first you should check your eligibility. Who Is Eligible to...

What is the VAT Annual Accounting Scheme?

HMRC offers a numbers of different VAT schemes to try and make things easier for small businesses but knowing which one is most suitable...

5 Reasons to Use the VAT Flat Rate Scheme

The VAT Flat Rate Scheme can be a really smart decision to make if you are self employed, starting a new business or work...

VAT Flat Rate Scheme Example

There are a lot of rules and regulations surrounding VAT and the flat rate scheme is no exception.  Here is an example of the...

Moving from the VAT Flat Rate Scheme to the Standard Scheme

Moving from the VAT Flat Rate Scheme to the Standard Scheme may be voluntary or compulsory, if you have exceeded the set Flat Rate...

VAT Flat Rate Scheme Calculator (Excel)

Try My VAT Flat Rate Scheme Calculator Knowing whether you should or should join the VAT Flat Rate Scheme can be a tricky decision to...

Flat Rate VAT Scheme: Are You Entitled to the 1% Rate...

The VAT Flat Rate Scheme was introduced by HMRC many years ago in a bid to simplify the VAT reporting system for certain smaller...

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